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Previous research finds correlation between sentiment and future economic growth, but disagrees on the channel that explains this result. In this paper, we shed new light on this issue by exploiting cross-country variation in sentiment and market efficiency. We find that sentiment shocks in G7...
Persistent link: https://www.econbiz.de/10014247952
to become an entrepreneur and the level of employment of newly created businesses. We focus on the interaction between …
Persistent link: https://www.econbiz.de/10012463139
Homelessness is arguably the most extreme hardship associated with poverty in the United States, yet people … experiencing homelessness are excluded from official poverty statistics and much of the extreme poverty literature. This paper … population, including the first national estimates of income, employment, and safety net participation based on administrative …
Persistent link: https://www.econbiz.de/10014528363
A new wave of social service programs aims to build a pathway out of poverty by helping clients define their own goals … percentage points higher employment rates after one year compared with a control group offered only help with an immediate need … services affect areas beyond employment, even when other areas of life are participants' primary goals. We find some evidence …
Persistent link: https://www.econbiz.de/10015072853
The United Nations Human Development Index (HDI) is arguably the most widely used alternative to gross domestic product for measuring national development. This is in large part due to its multidimensional nature, as it incorporates not only income, but also education and health. However, the...
Persistent link: https://www.econbiz.de/10014247965
sources to impute poverty in the Monthly CPS sample based on demographic and employment variables. This paper evaluates the …In response to the COVID-19 pandemic two new timely poverty measures have been developed to monitor fast …-changing economic conditions for the most deprived. The Han et al. near real-time poverty measure uses responses to a global income …
Persistent link: https://www.econbiz.de/10013362025
poverty with respect to changes in the mean of the distribution of income, thus analytically linking the poverty measures to … key macroeconomic aggregates. Numerous insights are found in Kakwani's elasticities. However, the literature on poverty … and growth since then has revealed that the impacts of economic growth on poverty, as observed in practice, can be …
Persistent link: https://www.econbiz.de/10013362055
Children's indirect exposure to the justice system through biological parents or co-resident adults is both a marker of their own vulnerability and a measure of the justice system's expansive reach in society. Estimating the size of this population for the United States has historically been...
Persistent link: https://www.econbiz.de/10014287362
, Japanese firms resembled U.S. multinationals. A Japanese parent's employment, given the level of its production, tends to be … similar to that of Swedish firms, but contrasts with that of U.S. firms. U.S. firms appear to reduce employment at home …-wage countries. We conclude that in Japanese firms and ancillary employment at home to service foreign operations outweighs any …
Persistent link: https://www.econbiz.de/10012471148
This paper sets out the political economy behind Asian governments' participation in a revived Bretton Woods System. The overriding problem for these governments is to rapidly integrate a large pool of underemployed labor into the industrial sector. The principal constraints are inefficient...
Persistent link: https://www.econbiz.de/10012468066